Summary
NEW YORK - Bullish data on inflation and the housing market sent stocks mostly higher Thursday, with the Dow Jones industrial average and Standard & Poor's 500 index posting nearly five-year highs for the third straight session. A jump in oil prices moderated the gains, however, and the Nasdaq composite index finished lower.
Wall Street welcomed the latest report from the Labor Department, which showed consumer prices rising just 0.1 percent in February, far less than the 0.7 percent jump in January. Core CPI, with food and fuel prices removed, also rose 0.1 percent, down from 0.2 percent the previous month.See the full content of this document
Extract
Inflation, Housing News Pumps Stocks
Combined with better-than-expected housing construc...
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